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Japan seafood exporters get emergency relief

TOKYO: Japanese Prime Minister Fumio Kishida announced on Monday a 20.7-billion yen ($141-million) emergency fund to help exporters hit by China’s ban on Japanese seafood over the release of treated radioactive wastewater from the damaged Fukushima nuclear power plant. The discharge of the wastewater into the ocean began on August …

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Tesla, Chinese EV brands jostle at German fair

MUNICH: One of the world’s biggest auto shows opens in Munich on Monday, with Tesla ending a 10-year absence to jostle for the spotlight with Chinese rivals as the race for electric dominance heats up. Chancellor Olaf Scholz will officially inaugurate the IAA mobility show, held in Germany every two …

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Trading in L’Occitane stopped in Hong Kong

HONG KONG: Trading in French beauty brand L’Occitane was halted in Hong Kong on Monday after reports emerged that its controlling shareholder may take the company private. The luxury retailer, known for its skincare products and fragrances, raised more than $700 million in its Hong Kong initial public offering in …

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Pakistani traders strike vs high inflation

ISLAMABAD: Pakistani traders on Saturday went on strike against the soaring cost of living, including higher fuel and utility bills and record depreciation of the rupee against the dollar, which has led to widespread discontent among the public. The traders pulled their shutters down across the country, while protesters burned …

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China-Benin agri cooperation flourishes

BEIJING/COTONOU: On the land of the Oueme department in southeast Benin, Chinese maize thrives under the sun; in a soybean oil production factory in China, workers are processing soybean seeds imported from Benin in an orderly manner. As China-African cooperation continues to deepen and strengthen, agricultural cooperation between China and …

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Lebanon’s tourism thrives amid challenges

BEIRUT: Abdul Rahman Yousef, a Jordanian coming to Lebanon this summer with his wife, said he was glad to visit the country because “the vibes were refreshing.” “One can feel the happy atmosphere and buzz in public places,” said Yousef as he spread a towel on a beach chair at …

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Entrepreneur gets creative with Philippine chocolate

Philo Chua grew up in a family who exchanged business ideas during dinner. At the time, business for him was just a conversation piece. It was not until his Entertainment Technology studies in Pittsburgh, the United States that Chua developed a keen interest in baking chocolate-based cookies and brownies. Just …

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Award-winning fintech platform supports back-to-school program

Digido Finance Corp. (DFC), operator of award-winning consumer finance platform Digido and in-app and in-store installment solutions provider UnaCash, organized a dispatch of back-to-school essentials in support of the country’s annual Brigada Eskwela campaign. “One’s education is directly correlated to one’s degree of participation in the financial ecosystem. Through this …

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